Indian shipping firm Gabbaro Ship Services has been sanctioned by the US for allegedly transporting Iranian oil for sale in Asia, following restrictions on Iran's energy trade following its attack on Israel.
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The United States hit Iran's oil and petrochemicals sectors with new sanctions Friday in response to Tehran's October 1 attack against Israel, designating dozens of new companies and firms.
Iran's export value to Turkmenistan increased 14.6% in the first half of the current Iranian calendar year, according to Iran's House of Industry, Mining and Trade spokesperson Ruhollah Latifi.
Persian Gulf states are urging Washington to prevent Israel from attacking Iran's oil sites, fearing their own facilities could be targeted by Tehran's proxies if the conflict escalates.
Iran’s Oil Minister Mohsen Paknezhad has highlighted the Islamic Revolution Guards Corps (IRGC)’s role in ensuring the security of the country’s oil facilities.
Oil prices could surge by $20 per barrel immediately if Israel launches a strike on Iranian oil facilities, Saudi energy expert Fahad bin Jumaa said on Sunday, pushing back against forecasts of a slower, more gradual increase.
High-ranking officials from Iran and Qatar signed six cooperation documents in the fields of trade and economy, culture, education, sports, and agriculture.
Iran and Armenia are discussing ways to enhance economic cooperation, including establishing a joint free trade zone in Armenia, according to the Tehran Chamber of Commerce, Industries, Mines and Agriculture.
In a message, Iranian Minister of Petroleum Mohsen Paknejad expressed condolences over the martyrdom of Seyyed Hassan Nasrollah.
Iran's Energy Minister proposed cooperation among BRICS member countries, including Russia, Iran, UAE, and Saudi Arabia, at a meeting in Moscow.
The U.S. Treasury Department on Wednesday imposed sanctions on more than a dozen organizations and vessels over their involvement in Iranian crude oil and liquefied petroleum gas shipments to Syria and East Asia.
Masoud Pezeshkian says to create a better world, Iran is ready, from an equal position, to establish effective relations with the world powers and its neighboring countries.
Iranian president Masoud Pezeshkian says that Iran not only seeks constructive and equal relations with all countries but tries to replace war and bloodshed with peace and security.
Iranian Minister of Petroleum Mohsen Paknejad has said that under the previously made agreements, he hopes to witness the holding of the joint economic cooperation commission between Iran and Saudi Arabia soon.
The National Iranian Oil Company’s CEO Hamid Bovard appointed Ibrahim Piramoun as the CEO of the National Iranian South Oil Company (NISOC) and the principal member of its board of directors.
Iran's Road and Urban Development Ministry reported a 73% increase in commodity transit through roads during the first five months of the current calendar year.
Iranian president Masoud Pezeshkian says that deepening relations between Tehran and Moscow will blunt the biting effect of cruel sanctions against Iran and Russia.
Iranian President Masoud Pezeshkian pledges to restore trust in society amid ongoing imbalances in electricity, natural gas, and gasoline, addressing the pressing issue of societal instability.
The Masoud Pezeshkian administration's plan to increase gas prices divides Iranians, with some arguing it's necessary due to high consumption and smuggling.
A senior commander of the Islamic Revolution Guards Corps (IRGC) says that Iran will never forfeit its rights to a disputed gas field located in waters between the country and Kuwait.